CCMIN 06012021 - Laserfiche WebLink

Mayor Brown noted her agreement with Councilmember Testa that the Rainy Day Fund should be for tough times. She questioned why a portion of it is not placed into the Section 115 Trust Fund if it is eventually going to be used to help pay down the pension liability and noted it would be a Council decision. Mayor Brown recessed the meeting at 10:14 p.m. The meeting resumed at 10:24 p.m. with all members present. Senior Budget and Finance Analyst Mahin Shah presented the four-year CIP plan. She advised there are no personnel expenses included and the funds come from dedicated funding sources some of which are restricted and can only be used for certain types of projects.. She noted FY 21/22 and FY 22/23 are funded while FY 23/24 and FY 24/25 are only in the planning stages; and that the CIP is comprised of five categories, transportation and street infrastructure, parks, miscellaneous, water, and sewer. Senior Budget and Finance Analyst Shah advised there will be $20 million of contributions from the General Fund over the four years which can be applied to any City project; and that there are 61 projects proposed over the four years across all categories. She reported 74.1% of the funds are earmarked for state of good repair projects to extend the life of the City's assets. She advised 21% is earmarked for new projects and enhancements with the rest going to reserves. In response to Councilmember Narum's inquiries, Senior Budget and Finance Analyst Shah clarified the $20.2 million allocation from the General Fund is over four years. She reported there is $2.5 million budgeted for FY 21/22 and $5 million for FY 22/23. She confirmed roughly half of the $20.2 million is set for those first two years. In response to Councilmember Narum's inquiry, City Manager Fialho clarified master-planned projects not relying on restricted funds like Gas Tax and Measure B/BB funding draw first from the Miscellaneous General Fund's CIPR. He advised by FY 24/25 there will be $9.6 million in this unallocated discretionary fund. In response to Councilmember Arkin's inquiries, City Manager Fialho clarified the four-year CIP is a prospective document. He advised the City is allocating funds for either new projects identified as City Council priorities or previously funded projects which need more allocation looking ahead. He noted the document does not show what has been funded in previous years including some Council priorities but those will be part of the final packet to be adopted at the next meeting. In response to Councilmember Arkin's inquiries, City Manager Fialho clarified the unexpended balance in the Water Fund after four years, projected at $3.4 million, is a potential source of funds for PFAS treatment once the costs of the project are known and the Council makes a policy decision. In response to Mayor Brown's inquiries, Director of Operations and Water Utilities Yurchak reported the Val Vista Park underdrain involves redirecting recycled water. She explained the drainage must be augmented to meet regulations. and that the pool decking and coating are at the point of needing to be redone for being at the end of their useful life and noted this would be the last half of the overall project. In response to Mayor Brown's inquiries, Director of Finance Olson advised there is a list of projects which can receive Development Impact Fee funding and the fire stations are included. City Manager Fialho clarified it was not 100% from Development Impact Fees with the remaining portion coming from General Fund dollars. In response to Mayor Brown's inquiry, Director of Operations and Water Utilities Yurchak explained several considerations go into the replacement of a playground including the useful life. City Council Minutes Page 9 of 10 June 1, 2021